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The Exchange ended a historical record year, exceeding its average monthly volume in four opportunities, while inter-annual Open Interest registered a 462% increase.
The year 2007 was very important for Rofex, whose Financial Derivatives Division (FDD) traded a total of 25,178,292 contracts, recording a 40% growth in trading compared to the previous year. At the same time, the average transaction was over 100 million dollars per session.
With these figures, exceeding the record monthly volume four times in a row (July, August, September and October 2007), and with an Open Interest level 5.62 times higher at the end of the year than the previous year, Rofex is set to continue growing and become an increasingly more liquid and deeper market, with larger trading of the products offered by its different divisions.
In this sense, the leading role of European currency is having in world economy has influenced operations in the Exchange, and consequently Rofex ends its first month of the year with 24,700 Euro futures contracts traded.
All of the above clearly shows the importance of futures and options exchanges in a country’s economy, and Rofex’s leadership in Argentina.
